Pari-mutuel wagering; breakage, distribution for problem gambling treatment and support. (SB533)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Pari-mutuel wagering; breakage; distribution for problem gambling treatment and support; creation of Problem Gambling Treatment and Support Fund. Alters the required distribution of the legitimate breakage from each pari-mutuel pool for live, historical, and simulcast horse racing by requiring that 80 percent be deposited in the Problem Gambling Treatment and Support Fund, created by the bill, and 20 percent be deposited in the Racing Benevolence Fund for gambling addiction and substance abuse counseling or recreational, educational, nutritional, or other related programs. Under current law, 70 percent of the breakage is required to be distributed to the horse racing licensee to be used for capital improvements and 30 percent of the breakage is required to be distributed to the Racing Benevolence Fund for gambling addiction and substance abuse counseling or recreational, educational, or other related programs. The Problem Gambling Treatment and Support Fund, administered by the Department of Behavioral Health and Developmental Services, would be used to provide counseling to compulsive gamblers, implement problem gambling treatment and prevention programs, and provide grants to organizations that assist problem gamblers. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20103554D
01/07/2020Referred to Committee on General Laws and Technology
01/13/2020Impact statement from DPB (SB533)
01/30/2020Assigned GL&T sub: Gaming
02/05/2020Continued to 2021 in General Laws and Technology (15-Y 0-N) (see vote tally)
12/04/2020Left in General Laws and Technology

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